Insight
India simplifies royalties: limited financial upside, but welcome structural clarity
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
India has rationalised royalty rates and calculations in its latest round of amendments to the ORDA 2025, effective 8 May 2026. This move sharpens fiscal clarity and delivers modest economic upside, but its broader significance lies in what it signals to investors.
Table of contents
- Executive summary
- India's upstream fiscal terms: the story so far
- What has changed recently?
- What do these changes mean for investors?
- Fiscal competitiveness: India vs rest of Asia Pacific
- The litigation question
- Fiscal stability
Tables and charts
This report includes the following images and tables:
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Impact of royalty changes on NPV10 of key producing assets
What's included
This report contains:
